1. Strategy (formerly MicroStrategy) buys $180M in Bitcoin
The company has added 2,100 BTC to its reserves, spending approximately $180 million.
This brings Strategy's total Bitcoin holdings to 555,450 BTC.
The move reinforces its long-term bullish stance on Bitcoin as a treasury asset.
Source: Finger Lakes 1
2. U.S. Treasury deadline for Bitcoin reserve report
Today marks the deadline for the U.S. Treasury to submit an assessment on using Bitcoin as a strategic reserve asset.
This follows an executive order by former President Donald Trump, directing federal agencies to evaluate Bitcoin’s role in national monetary policy.
The report could influence future regulatory and monetary strategies regarding digital assets.
Source: Binance Square